NOT LISTED FOR SALE

504 7th Ave Unit 2 Asbury Park, NJ 07712

Estimated Value: $1,321,086 - $1,710,000

1 Bed
1 Bath
-- Sq Ft
7,492 Sq Ft Lot

Highlights

  • Victorian Architecture
  • Living Room
  • Hot Water Baseboard Heater
  • No HOA
  • Dogs Allowed

About This Home

As of February 2018

Annual duplex one-bedroom apartment rental in an Asbury Park Victorian located in the Northeast section of town. Four blocks to the AP boardwalk and beaches. This unit features a private entrance with kitchen and living room on the first floor, and bathroom, bedroom and laundry on the second floor. The tenant will have use of backyard. Call today to schedule a showing.

Last Agent to Rent the Property

Joseph Scheeler

Ward Wight Sotheby's International Realty Listed on: 01/22/2018

Last Renter's Agent

Meghan Carroll

RE/MAX Elite License #1642729

RE/MAX Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,638

Year Built

  • 1900

Lot Details

  • 7,492

Parking

  • No Garage

Home Design

  • Duplex
  • Victorian Architecture

Interior Spaces

  • 2-Story Property
  • Living Room
  • Gas Cooktop

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Asbury Park High School

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Security Deposit $2,025
  • Property Available on 1/22/18
  • Assessor Parcel Number 04-0361-0000-00006

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,638

Year Built

1900

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2018-01-22

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Two Family
  • Inclusions: Washer, Refrigerator, Dryer, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Victorian
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Contract Info Available Date: 2018-01-22
  • Maintenance Fees Security Deposit3: 2025.0
  • Lease Requirements Security Deposit4: Yes
  • General Property Info # Parking Spaces3: 0
  • Allowable Dogs2: Yes
  • Special Features: None
  • Year Built (Public Record): 1900

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • BasementOther: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 04-0361-0000-00006

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Asbury Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2020
Sold by
Skelly Gary
Bought by
Jhade Management Llc
Current Estimated Value
$1,434,272

Purchase Details

Closed on
Nov 10, 2017
Sold by
Morba Edward
Bought by
Skelly Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2005
Sold by
Stoffel Glen D
Bought by
Morba Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
1.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 4, 2002
Sold by
Nash Lawrence
Bought by
Stoffel Glen and Stoffel Zabrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.08%

Purchase Details

Closed on
Oct 29, 1999
Sold by
Dwonch Blanche
Bought by
Nash Lawrence and Nash Aviva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.78%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jhade Management Llc $795,000 Cousellors Title Agency Inc
Skelly Gary $660,000 --
Morba Edward $550,000 --
Stoffel Glen $360,000 --
Nash Lawrence $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Skelly Gary $528,000
Previous Owner Morba Edward $440,000
Previous Owner Stoffel Glen $260,000
Previous Owner Nash Lawrence $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2018 02/05/18 Rented $16,200 +28.6% --
11/15/2014 11/15/14 Rented $12,600 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,638 $1,455,800 $742,600 $713,200
2024 $14,314 $1,051,700 $674,400 $377,300
2023 $14,314 $925,900 $538,600 $387,300
2022 $12,523 $872,100 $448,800 $423,300
2021 $12,523 $792,600 $408,000 $384,600
2020 $11,811 $749,900 $386,000 $363,900
2019 $11,474 $695,400 $367,600 $327,800
2018 $10,995 $617,000 $326,400 $290,600
2017 $9,890 $475,500 $288,500 $187,000
2016 $11,391 $531,300 $293,500 $237,800
2015 $11,407 $515,200 $283,500 $231,700
2014 $11,093 $511,900 $358,500 $153,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21802375

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 04-03601-0000-00006